RLUSD Surpasses XRP Ledger on Ethereum Amid Institutional Demand
Ripple's regulated stablecoin RLUSD has seen its supply on Ethereum increase by 93% in the past 30 days, surpassing XRP Ledger's share for the first time in 2026.
This growth is driven by institutional demand for DeFi services on Ethereum, with major holdings in Aave lending contracts and larger average wallet sizes compared to XRPL.
While XRPL remains favored for retail and smaller payments due to lower fees and faster transactions, Ethereum attracts institutional users seeking regulatory clarity and deeper DeFi integration.